122 Chama DR, Cedar Creek TX 78612

Reviewing the most recent comparable transactions, this home's market value falls around $285,550. For a well positioned listing in RANCHO ENCINO SUB PHAS, I'd target the $439,000 to $700,000 range. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in RANCHO ENCINO SUB PHAS. The 2016 construction puts this home 10 years newer than the comp average, a factor in the pricing. At 1.24 acres, the lot is larger than the 1.10 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in RANCHO ENCINO SUB PHAS; a buyer's market based on recent absorption. Recent trends in 78612 show home values have fallen 4% since 6 months ago. The most comparable recent sale is 141 Chama DR, Cedar Creek TX 78612, with an adjusted value of $393,106; with a larger floor plan. 4 comparable transactions in RANCHO ENCINO SUB PHAS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group